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Established Brewery with Event Loft
For Sale
$749,900
Pending

615 S 1st, Pocatello, ID 83201

COMMERCIAL/INDUSTRIAL, Pocatello, ID

Property Size9,000 SF
Lot Size0.07 Acres
Days on Market93

Property Features for 615 S 1st

General Information

Property type Commercial Sale
Property subtype Other
Lot features Near Mall/ Shopping, Near University/ College
Subdivision West Pocatello
Standard status Pending
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description S35-T6S-R34E Lot 3 Block 392, Pocatello Townsite
Tax Annual Amount 3937
Legal Description S35-T6S-R34E Lot 3 Block 392, Pocatello Townsite

Utilities

Heating system Forced Air
Water source Public

Amenities

event loft
outdoor deck
freight elevator

Building Details

Year built 1917
Building materials Brick
Roof type Membrane
Listing Agency: Premier Properties Real Estate Co.
Listed By: Staci Hernandez
Added: Jul 8 Changed: Aug 26 Last Checked: Oct 8 at 1:06AM
MLS# 583039

Copyright © 2026 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 9,000 SF commercial property combines brewery production with restaurant, bar, and event uses. The interior includes a commercial kitchen, event loft, freight elevator, and brewery equipment included per inventory. An outdoor deck adds an exterior gathering area, while the brick construction dates to 1917.

The property occupies 0.07 acres at 615 S 1st in Pocatello, Idaho. Public water service, forced-air heating, and a membrane roof are in place. The owner is retiring after 30 years in business and is willing to provide brewery training and transition assistance to a qualified buyer.

Key Highlights

  • Approximately 9,000 SF commercial brewery and restaurant property
  • Fully operational brewery with equipment included per inventory
  • Commercial kitchen, bar, event loft, and outdoor deck

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,965
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,300 $699.3K
Cap Rate 7%
$499,500 $499.5K
Cap Rate 9%
$388,500 $388.5K
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$54.0K $6.00/SF
− Vacancy
−$4.1K −$0.45/SF
EGI
$50.0K $5.55/SF
− OpEx
−$15.0K −$1.67/SF
NOI
$35.0K $3.89/SF
Area
Bannock County, ID
Vacancy
7.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,300
Cap Rate 7%
$499,500
Cap Rate 9%
$388,500

Alternative Uses

Best Use
Specialty Retail
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,605 @ 7.0% cap · market cap 11.55%
Second Best
Industrial
$499.5K
$437.1K – $582.8K (±1% cap)
NOI $34,965 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,393 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Portneuf Valley Brewing Restaurant

Suggested Use

Top Pick Grocery & Convenience Store Big Box & Wholesale Store Storage Facility Locksmith Veterinary Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,537
Businesses Nearby

Demographics for 83201, ID

38,921
Population
15,885
Households
2.5
Avg Household Size
33
Median Age
34%
College-Educated
94%
High-School Grad
34.2 sq mi
ZIP Area
1,138
Density / Sq Mi
$63,209
Median Household Income
$34,118
Median Earnings
$905
Median Rent
$256,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Brewery - Integrated brewery, restaurant, bar, kitchen, and event space within a brick commercial building.
Where is this brewery located?
The property is located at 615 S 1st Pocatello, ID.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Approximately 9,000 SF commercial brewery and restaurant property; Fully operational brewery with equipment included per inventory; Commercial kitchen, bar, event loft, and outdoor deck
More about this property
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